|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.78 - 26.15|
|52 Week Range||25.13 - 34.89|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.67%|
Mark Yusko, Morgan Creek Capital Management CEO and CIO, discusses why he recommends investors look at Chinese stock market even as trade tensions with China ramp up.
Chinese markets and country-specific ETFs have plunged as a result of the escalating U.S. and China trade war conflict, but the selling may have been overdone. "The trade war is bad, but we think this may be overdone. How is China A-shares down so much?" Robert Bush, ETF Strategist for DWS, told ETF Trends in a call.
Bargain hunter investors who are interested in gaining exposure to Chinese markets should think about a few considerations before diving into a China ETF. "We've got the index inclusion, which has taken the headlines, but more importantly than that is the fundamental story behind China," Luke Oliver, Managing Director and Head of Capital Markets at DWS, said at the 2018 Morningstar Investment Conference. Many investors and financial advisors remain underallocated to China as a part of their diversified international investment portfolio.
With the stock market near record highs, it can be hard for investors to know where to turn. On the other hand, the big and popular tech stocks, such as the FAANG names, are already widely-known and highly-priced. Taking that into account, here are four potential multibagger stocks that are more off the beaten path.
Nike Inc (NYSE:NKE) stock just hit new all-time highs. Tennis legend Roger Federer’s Nike contract expired earlier this year. With NKE stock up sharply over the past year, should investors consider breaking up with Nike as well?
China ETFs were among the worst performers Monday, with Chinese equities off to their worst start to a second half of a year since 2015. The CSOP FTSE China A50 ETF (AFTY) was the worst performer Monday, plunging 5.0%. Meanwhile, the iShares China Large-Cap ETF (FXI) , the largest China-related ETF, declined 2.1% and the Xtrackers Harvest CSI 300 China A ETF (ASHR) , the largest China A-shares related ETF, decreased 4.1%.
The performance of the Vaneck Vectors Rare Earth Strategic Metals ETF (NYSEARCA:REMX) during 2018 is an incredible example of how the sentiment of the broader market can overwhelm the fundamentals of an individual stock or industry. Demand for rare earth metals continues to increase, which is a fundamental positive for most of the stocks held by REMX. Traders don’t feel like they can accurately forecast growth rates in this uncertain global economic environment, so many are simply taking profits off the table and reducing their exposure to the market.
According to data provided by Markit Economics, China’s final Markit services PMI (purchasing managers’ index) didn’t see any changes in May as compared to April. It stood at 52.9 in May, the same as in April. It didn’t beat the preliminary market estimate of 53.
As the global markets reeled in response to heightened trade tensions, Asian markets and Asia ETFs were among the worst off. Over three-fourths of the $2.1 trillion lost in stock values worldwide was associated ...
China’s Nuclear Option: Stop Buying US Treasuries Bloomberg is floating the idea this morning that all China must needs to win the burgeoning trade war with the US is stop loaning the US money. This is called the “nuclear option” apparently, though it literally requires no action at all. Bloomberg also has its eyes on […] The post Market Morning: Chinese US Investment Collapses, Canadian Cannabis, GE Gets DOWnsized appeared first on Market Exclusive.
Major emerging market economic indicators that investors should analyze this week are as follows: India’s (INDA) manufacturing PMI India’s service PMI Russia’s (RSX) manufacturing PMI Russia’s service PMI China’s (YINN) manufacturing PMI China’s (ASHR) service PMI Brazil’s (EWZ) manufacturing PMI Brazil’s service PMI Mexico’s manufacturing PMI Indonesia’s manufacturing PMI
The latest news of U.S. President Donald Trump imposing a 25 percent charge on up to $50 billion in Chinese goods sank five large China ETFs in the process. At the opening of the U.S. markets, the Dow sank over 200 points, the S&P 500 sank 12 points and the NASDAQ was down 30 points. In turn, China ETFs with the largest total assets responded on the down side-- iShares China Large-Cap ETF (FXI) was down 1.64%, iShares MSCI China ETF (MCHI) was down 1.38%, KraneShares CSI China Internet ETF (KWEB) was down 0.87%, SPDR S&P China ETF (GXC) was down 1.22%, and Xtrackers Harvest CSI 300 China A ETF (ASHR) was down 1.33%.
DWS, a major asset manager and issuer of exchange-traded funds, said it's lowering fees on two of its China ETFs and giving one of those funds a new investment objective. The Xtrackers CSI 300 China A-Shares ...
Chinese markets and country-related exchange traded funds were in the limelight Monday as index provider MSCI added China A-shares to its emerging market benchmark Friday. The KraneShares CSI China Internet ...
According to data provided by Markit Economics, China’s final Markit services PMI rose significantly in April. It was 52.9 in April compared to 52.3 in March. It beat the preliminary market estimate of 52.2.
China’s manufacturing PMI for April indicates an improvement in manufacturing. It was 51.4 in April compared to 51.5 in March, which beat the market expectation of 51.3.
China has reported less-than-expected retail sales and investments for the month of April. As a result, policymakers and analysts are expecting a slowdown in the economy.
The following are the major emerging market economic indicators that investors should analyze this week: India’s (INDA) Manufacturing PMI (Purchasing Managers’ Index) India’s Services PMI China’s (YINN) Manufacturing PMI China’s (ASHR) Services PMI Brazil’s (EWZ) Manufacturing PMI Brazil’s Services PMI Russia’s (RSX) Manufacturing PMI Russia’s Services PMI Indonesia’s Manufacturing PMI Mexico’s Manufacturing PMI Performance of the global market